Domestic, foreign investors show interest in Fesco privatisation: privatisation commission

ISLAMABAD: The Privatisation Commission (PC) on Friday said it had received a strong response from domestic and international investors for the privatisation of Faisalabad Electric Supply Company (Fesco). The commission said it had received 12 expressions of interest (EOIs) from prospective investors seeking to acquire a 51pc to 100pc stake in Fesco along with management control. The EOIs were submitted by three Turkish investors, one Chinese investor and eight local investors. The three from...

By none@none.com (Khaleeq Kiani)